Paul L. Caron

Tuesday, October 27, 2009

Chicago Offers Bounties to Tax Whistleblowers

Chicago Sun-Times, City May Pay You for Turning in Tax Cheats:

Would you be willing to rat out a business that's cheating Chicago on taxes in exchange for a share of back taxes recovered?

City Hall is counting on it.

Mayor Daley's tough-times, 2010 budget includes a first-ever "Tax Whistleblower Program" expected to include cash bounties for informants who deliver the goods on unpaid business taxes. The cash reward would be a percentage of the amount recovered, but specifics are still being worked out.

(Hat Tip: Joshua Blank.)

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